Monro, Inc. Declares Quarterly Cash Dividend

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Monro, Inc. (Nasdaq: MNRO) declares a quarterly cash dividend of $.28 per share on its outstanding shares of common stock, including the shares of common stock to which the holders of the Company’s Class C Convertible Preferred Stock are entitled. The dividend is payable on December 19, 2023 to shareholders at the close of business on December 8, 2023.

ROCHESTER, N.Y.--(BUSINESS WIRE)-- Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, today announced that its Board of Directors has declared a quarterly cash dividend of $.28 per share on the Company’s outstanding shares of common stock, including the shares of common stock to which the holders of the Company’s Class C Convertible Preferred Stock are entitled. The dividend is payable on December 19, 2023 to shareholders at the close of business on December 8, 2023.

About Monro, Inc.

Monro, Inc. (NASDAQ: MNRO) is one of the nation’s leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and parts installation, to the most complex vehicle repairs. With a growing market share and a focus on sustainable growth, the Company generated approximately $1.3 billion in sales in fiscal 2023 and continues to expand its national presence through strategic acquisitions and the opening of newly constructed stores. Across approximately 1,300 stores and 9,000 service bays nationwide, Monro brings customers the professionalism and high-quality service they expect from a national retailer, with the convenience and trust of a neighborhood garage. Monro’s highly trained teammates and certified technicians bring together hands-on experience and state-of-the-art technology to diagnose and address automotive needs every day to get customers back on the road safely. For more information, please visit corporate.monro.com.

MNRO-Fin

View source version on businesswire.com: https://www.businesswire.com/news/home/20231129998994/en/

Investors and Media: Felix Veksler

Senior Director, Investor Relations

ir@monro.com

Source: Monro, Inc.

FAQ

What is the latest announcement from Monro, Inc. (MNRO)?

Monro, Inc. (Nasdaq: MNRO) has declared a quarterly cash dividend of $.28 per share on its outstanding shares of common stock.

How much is the quarterly cash dividend declared by Monro, Inc. (MNRO)?

Monro, Inc. (Nasdaq: MNRO) has declared a quarterly cash dividend of $.28 per share.

When is the dividend payable to Monro, Inc. (MNRO) shareholders?

The dividend declared by Monro, Inc. (Nasdaq: MNRO) is payable on December 19, 2023.

Who is entitled to the dividend declared by Monro, Inc. (MNRO)?

The dividend declared by Monro, Inc. (Nasdaq: MNRO) is payable to shareholders at the close of business on December 8, 2023.